Tag #Industry Restructuring

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theguardian.com
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Balenciaga Appoints New Creative Director Amidst Industry Shake-Up

Pierpaolo Piccioli replaces Denma as Balenciaga's creative director in October 2025, marking a shift from the brand's "memecore" style following a 12% revenue drop at parent company Kering in 2024 and recent controversies.

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